Pivot: 1328.00
Our preference: LONG positions above 1328 with targets @ 1352 1374.
Alternative scenario: The downside penetration of 1328 will call for a slide towards 1309 1287.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Bearish; MT Bearish
Key levels Comment
1393** Intraday resistance
1374** Intraday resistance
1352** Intraday resistance
1344.3 Last
1328*** Intraday pivot point
1309** Intraday support
1287** Intraday support
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